ONDU vs. LITX

Last updated Jun 4, 2026

ONDU (Tradr 2X Long ONDS Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both Leveraged Equities funds from Tradr. ONDU is passively managed, while LITX is actively managed. At a 0.17 correlation, their price movements are largely independent. Both charge a 1.49% expense ratio.

Performance

ONDU vs. LITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ONDS Daily ETF (ONDU) and Tradr 2X Long LITE Daily ETF (LITX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ONDU

• 1D: -28.27%
• 1M: 21.80%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITX

• 1D: -17.72%
• 1M: -16.57%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ONDU vs. LITX - Yearly Performance Comparison

	2026 (YTD)
ONDU Tradr 2X Long ONDS Daily ETF	-44.28%
LITX Tradr 2X Long LITE Daily ETF	329.25%

Correlation

The correlation between ONDU and LITX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 28, 2026	0.17

Return for Risk

ONDU vs. LITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ONDS Daily ETF (ONDU) and Tradr 2X Long LITE Daily ETF (LITX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ONDU	LITX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	32.10	-32.52

Drawdowns

ONDU vs. LITX - Drawdown Comparison

The maximum ONDU drawdown since its inception was -74.75%, which is greater than LITX's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for ONDU and LITX.

Drawdown Indicators

	ONDU	LITX	Difference
Max Drawdown Largest peak-to-trough decline	-74.75%	-51.46%	-23.29%
Current Drawdown Current decline from peak	-59.10%	-26.10%	-33.00%
Average Drawdown Average peak-to-trough decline	-56.36%	-14.48%	-41.88%

Volatility

Volatility by Period

	ONDU	LITX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	216.10%	200.05%	+16.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	216.10%	200.05%	+16.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	216.10%	200.05%	+16.05%

ONDU vs. LITX - Expense Ratio Comparison

Both ONDU and LITX have an expense ratio of 1.49%.

Dividends

ONDU vs. LITX - Dividend Comparison

Neither ONDU nor LITX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ONDU and LITX in my portfolio?

ONDU and LITX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ONDU or LITX?

Both ETFs have the same 1.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ONDU or LITX?

ONDU and LITX have the same expense ratio: 1.49% per year.

Which ETF pays a higher dividend yield, ONDU or LITX?

ONDU and LITX have nearly identical dividend yields, around 0.00%.